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Software Circle PLC has announced the sale of the domain name Printing.com to JAL Equity Corp for $2.27 million (£1.8 million), with the consideration to be paid in two instalments, the first $230,000 to be paid on completion and the
Software Circle PLC has announced the sale of the domain name Printing.com for $2.27m (£1.8m) to JAL Equity Corp, the owner and operator of a marketing, printing, signage and promotions business in the U.S. Software Circle plc is a UK-based acquirer of vertical market software businesses.
The consideration will be paid in two instalments, with the first instalment of US$230,000 payable on completion and the remaining US$2.04 million payable on or before 31 July 2024. Proceeds from the sale will be used for potential acquisitions and to support the Group's working capital requirements.
The domain name Printing.com was registered in March 1995 and the word "Print" means to print or printing. One-word domain names are always popular because they match the search habits. Therefore, the investment value is also very high.
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